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How Asia can reap the rewards of coal phase-out
Getting the energy transition right in Asia will result in reduced emissions and air pollution in the region, while securing affordable energy and new green jobs
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Done right, the early retirement of coal will reduce emissions, boost public health and improve access to affordable, sustainable and reliable energy.
PHOTO: REUTERS
Mary Schapiro and Ravi Menon
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One of the best ways to fight climate change is to accelerate the retirement of coal power plants.
Every credible pathway to avoid the most severe impacts of climate change requires accelerating the closure of the world’s coal capacity. For example, the International Energy Agency’s (IEA) net-zero emissions scenario recommends a halving of unabated coal-fired power generation by 2030 and a complete phase-out by 2040.
